Bendigo selling hole to save club
The Bendigo Golf Club in central Victoria has come up with a novel concept to pull the club out of its current financial crisis, according to a report in the Bendigo Advertiser.
Club management is looking at sub-dividing the 475m, par 5 13th hole.
Bendigo Golf Club
“The 13th is our largest hole, but the piece of land will also be the easiest to sub-divide if that’s the way we go.”
“We’ve got a fair amount of land here, so even if we did sell that land, there is still scope for expansion of this course in the future,” Club Manager, Bryan Wearne told the Bendigo Advertiser.
However, the club’s management stresses that this will only be a last resort.
Other more immediate options include short-term fixes such as the sale of life membership packages.
“Another category which we hope will generate a good amount of funds is what we call the gold lifetime membership, so for $13,000 anyone over the age of 21 can take out that membership and not pay fees ever again.
The 110-year-old Bendigo Golf Club is one of many country golf clubs crippled by debt due primarily to drought in recent years and the change in lifestyle of its members.
Golf clubs will need to continue to look “outside the square” to remain an attractive proposition to an increasingly time-poor society.